The Pimpleton Agency - protecting your future

About Us

You went to work today, right? Why didn't your money go to work?

1. How many Americans have zero savings?
The number of Americans who have no cash in the bank to fall back on is staggering. Approximately 26% of adults have no savings set aside for emergencies, while another 36% have yet to start socking away money for retirement.

2. What's the average bank account balance?
While millions of Americans have no savings, many of them have managed to stash a few bucks in their checking account. As of 2017, the average bank account balance hovered around $4,436.

3. What is the personal savings rate in the U.S.?
The personal savings rate is the average amount of earnings people in the U.S. are putting away for rainy days. Through the end of 2017, the rate was 4.4%, which is a steep decline from the 10.5% rate in 2012.

4. How many adults don't have a bank account?
Saving money is tough when you don't have a place to park it. Approximately 7.7% of American households function without a bank account. That's close to 10 million households altogether.

5. How many adults live paycheck to paycheck?
An estimated 38 million households in the U.S. live hand to mouth, meaning they spend every penny of their paychecks. Surprisingly, two-thirds of them earn a median income of $41,000, which puts them well above the federal poverty level.

6. How worried are Americans about their financial future?
Being prepared for retirement is a top financial concern for Americans; 59% say that running out of money is their number one fear.

7. What's the average 401(k) balance?
At the end of 2013, the average 401(k) balance was a healthy $101,650. The median balance, however, was just $31,396, which means that half of the workers participating in their employer's retirement had that much or more while the other half had less.

8. How much are people contributing to their 401(k)?
While 93% of middle-class workers are participating to a 401(k) plan, 67% of them are only saving enough to qualify for the company match. The median contribution amount for those between 30 and 59 years of age is 7% of their salary.

9. How many Americans aren't saving for retirement?
The sooner you start saving for retirement, the better - but that's something 36% of adults haven't gotten around to yet. More than a quarter of adults aged 50 to 64 aren't saving anything for their golden years.

10. How much do savers expect to need when they retire?
How much cash you'll need in retirement will vary based on your current income and expenses. Among middle-class workers, $250,000 is the median amount they're aiming to save.

11. How much are they saving each month?
Building up a quarter of a million dollars in savings takes time, and many adults may fall short. On average, workers aged 30 to 49 are saving $200 a month for retirement while those aged 50 to 59 are adding a mere $78 to their accounts.

12. What's the median net worth in America?
Among seniors aged 55 to 64, the median net worth is around $165,000. By comparison, those in the 35 to 44 range boast a net worth of about $50,000. The 18 to 34-year-old millennial set fare the worst, with a net worth of $11,000.

13. How many Americans say they'll never retire?
Working past retirement age has unfortunately become a reality for many seniors. In 2013, 7% of employees said they plan to stay on the job indefinitely. That's a big jump from the 2% who made the same claim in 2011.

If this describes you or your family, there is hope and help. You cannot make more hours in the day to work but we can show you how to send your money out daily to replicate itself and bring back more than you started with.

Your money should work harder FOR you than you work for it.

Our Commitment To You

We Commit to Personal Attention: The Pimpleton Agency’s commitment to our clients, as your wealth protector, extends well beyond illustrations and case management. We strive to forge lifelong relationships and work with you in the manner that best fits your family's goals and investment financial planning.

We Commit to Superior Underwriting: Our partners have revolutionized impaired risk underwriting over 6 decades in business and continue to place cases others simply cannot; including but not limited to affordable life insurance quotes.

We Commit to a Custom Designed Plan for You: Every member of our team values you, our client, and are dedicated to crafting tailored solutions that will give you confidence in our ability and trust our commitment .

We Commit to Sharing Invaluable Knowledge: Our specialists have access to thought leaders who keep them and you informed about cutting-edge strategies and industry developments that will impact the quality of your future and long term finanical peace.